ACCA Guide for Registering 2013

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For all those who want to know what they need in order to register to ACCA

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<ul><li><p>Issued by the ACCA South-Eastern office (Romania, Greece, Bulgaria, Moldova) Str. Buzesti 61, Bl. A6, Sc.A , Et. 5, Ap.30, Sector 1 011013 Bucuresti, Romania </p><p>Tel: (+4031) 780 00 12; Fax: (+4031) 425 01 62 info@ro.accaglobal.com </p></li><li><p> 2 </p><p>Initial steps for registering to an ACCA Qualification - Summary About ACCA 3 </p><p>Choosing the most appropriate ACCA Qualification for you 4 </p><p>Our Qualifications: </p><p>1. ACCA Qualification 5 </p><p>a. Initial registration 5 </p><p>b. Exemptions 6 </p><p>c. Fees 7 </p><p>d. Training / studying 7 </p><p>2. Foundation-level qualifications 8 </p><p>a. Initial registration 9 </p><p>b. Exemptions 9 </p><p>c. Fees 9 </p><p>d. Training / studying 9 </p><p>2.1 Introductory Certificate in Financial &amp; Management Accounting 9 </p><p>2.2 Intermediate Certificate in Financial and Management Accounting 10 </p><p>2.3 Diploma in Accounting and Business 10 </p><p>2.4 Certified Accounting Technician (CAT Qualification) 11 </p><p>3. Diploma in International Financial Reporting 11 </p><p>a. Initial registration 11 </p><p>b. Fees 12 </p><p>c. Training / studying 12 </p><p>4. Certificate in International Financial Reporting 12 </p><p>a. Initial registration / Fees 12 </p><p>b. Exam 13 </p><p>5. Certificate in International Auditing 13 </p><p>a. Initial registration / Fees 13 </p><p>b. Exam / studying 14 </p><p>6. International Certificate in Financial English 14 </p><p>Appendices: </p><p>1. Documents needed in the registration file 16 </p><p>2. ACCA bank details 16 </p><p>3. DipIFR template employer letter 17 </p><p>4. Why become an ACCA member? 17 </p></li><li><p> 3 </p><p>ABOUT ACCA </p><p>ACCA (the Association of Chartered Certified Accountants) is the largest and fastest-growing global professional accountancy body with 424,000 students and 147,000 members in 170 countries. We aim to offer the first choice professional qualifications to people of application, ability and ambition around the world who seek a rewarding career in accountancy, finance and management. </p><p> We support our students and members throughout their careers, providing services through a network of 83 offices and centres. This global network is unmatched by any other accountancy body. It underpins ACCA's national operations, providing services and support to members, students and other stakeholders. </p><p> We use our expertise and experience to work with governments, donor agencies and national professional bodies to develop the accountancy profession. We aim to achieve and promote the highest professional, ethical and governance standards and advance the public interest. </p><p> ACCA's reputation is grounded in over 100 years of providing accounting and finance qualifications. Our long traditions are complemented by modern thinking, backed by a diverse, global membership. Our reputation continues to grow as our qualifications attract large numbers of new students each year, highlighting the attraction of accountancy as a basis of a successful career. ACCA produces professional accountants whose skills and knowledge are required by employers, with potential to progress to obtain fulfilling careers in many roles in accounting and business. </p><p> Also, ACCA owes much of its reputation to the active role it plays in developing the accountancy profession, working with many accountancy organizations at international, regional and local level. ACCA is represented in the worlds key accounting and finance organizations and committees, and influential in public policy. ACCA is an organization that takes a proactive stance in helping to shape the profession of the future. </p><p> More people qualify locally with ACCA than with any other international accountancy body. All ACCA members have achieved common membership criteria, from China to Canada, Poland to South Africa. </p><p> Every five minutes, somewhere in the world, someone registers to study with ACCA. The numbers of ACCA students and members in the region are in the hundreds and thousands thats how popular our qualifications are. </p><p> ACCA is seen as an example of excellence in education, training and regulation by many accountancy bodies and regulatory authorities. </p><p> The local ACCA office, responsible mainly for Romania, Greece, Bulgaria and Moldova was opened in March 2006, in Bucharest. </p></li><li><p> 4 </p><p>CHOOSING THE MOST APPROPRIATE ACCA QUALIFICATION FOR YOU </p><p> The global demand for qualified finance professionals has never been higher, and their work more varied. </p><p> Make the right choice and you could work for the type of organization that suits you. If you are serious about a career as a finance professional, you need to think seriously about a professional qualification. This is where ACCA comes in! With a variety of professional qualifications (out of which the more known is the ACCA Qualification the only one that gives you the right to become an ACCA member) ACCA is highly recognized by employers and national professional associations as well. </p><p> Everybody appreciates the fact that ACCA qualifications follow the same standard throughout the world. </p><p> ACCA operates with more then 400 examining centers in 170 countries at each examination session, including one in Bucureti, Cluj, Timioara, Iai, Athens, Thessaloniki, Sofia and Chiinu. </p><p> There are a few general points that are worth making about ACCA qualifications: </p><p> Firstly, all of our qualifications are examined in English only - because only by examining in one language can we maintain global consistency in the standard of question papers and marking. This must not frighten you since when sitting the exams of our qualifications it is not your English under scrutiny. It only has to be understandable. Also all our written exams are held in the same day, with the same subjects throughout the world. </p><p> Secondly, all ACCA qualifications are open architecture. All details of all qualifications - syllabi, past exam papers, examiners comments, and teachers notes and so on - are freely available to all via our website www.accaglobal.com. We do this for two reasons: (a) to provide access to all students, teachers and employers, and (b) to promote best practice elsewhere. </p><p> Thirdly, for all our qualifications, you should note that ACCA is the Examining Body only. We do not provide training ourselves for any of our qualifications, as we believe that the integrity of a qualification is compromised if the same people are examining as are teaching. So in most countries we work with several companies we call Approved Learning Partners. </p><p> In brief, our qualifications are the following: </p><p> ACCA Qualification core ACCA qualification; 14 exams; the only qualification giving the graduate the right to become an ACCA member; most popular </p><p> The suite Foundation-level qualifications the first steps in the accountancy and finance professions, a group of very flexible and modular qualifications made up of several certificates and diplomas. </p><p> Diploma in International Financial Reporting helping with knowledge on IFRS; 1 written exam; holders of this diploma will be exempt from one exam of ACCA Qualification </p><p> Certificate in International Financial Reporting helping with knowledge on IFRS; 1 online exam </p><p> Certificate in International Auditing helping with knowledge on ISAs; 1 online exam </p><p> International Certificate in Financial English assessing language skills </p></li><li><p> 5 </p><p>1. ACCA QUALIFICATION </p><p>The ACCA Qualification is designed to provide the accounting knowledge, skills and professional values which will deliver finance professionals who are capable of building successful careers across all sectors, whether they are working in the public or private sectors, practicing in accounting firms, or pursuing a career in business. </p><p> In order to qualify as an ACCA member, you will complete: </p><p> 14 exams (nine of which are eligible for exemption maximum number, available only for </p><p>accredited institutions. For a list of institutions and awarded exemptions please visit: https://portal.accaglobal.com/accrweb/faces/page/public/accreditations/enquiry/main/EnqInstitutionsTable.jspx . These English language exams (covering a range of finance and management subjects) which are split into two levels: Fundamentals - comprising Knowledge and Skills modules - and Professional comprising Options and Essentials modules can be taken at your own pace during 10 years, but most of our students finish them in approximately three/four years. ACCA organizes two examination sessions per year (in the months of June and December) and in each session you can sit up to four exams. We have 400 exam centres all over the world (in Bucureti, Cluj, Timioara, Iai, Athens, Sofia and Chiinu as well) and once an ACCA student you can take your examinations in any of these 400 centres, wherever your career takes you. For more information about the syllabus of exams please visit: http://www.accaglobal.com/students/study_exams/qualifications/acca_choose/acca/fu ndamentals/ </p><p> a minimum of three years relevant and documented practical experience experience which may be obtained before, during or after taking the exams and completion of 13 performance objectives </p><p> a Professional Ethics module which will be completed online after becoming a student </p><p>In order to see a few recently asked questions on the ACCA Qualification and their answer, please visit link: http://www.accaglobal.com/en/help/general.html. </p><p>REGISTRATION AND SUBSCRIPTION FEES </p><p>The following fees apply from 9 November 2011 (and are subject to change without written notice): </p><p>ACCA Qualification </p><p>Initial registration 79 </p><p>Annual subscription 79 </p><p>*Re-registration fee 79 </p><p>Additional fees may apply to register with the relevant Joint Examination Scheme partner - please contact the Joint Exam Scheme partner for details. </p><p> a) INITIAL REGISTRATION </p><p> In order to sit the ACCA exams you have to be first registered as an ACCA student (trainee). This initial registration for the ACCA Qualification is done primarily online, at http://www.accaglobal.com/en/qualifications/apply-now.html NOTE: for Greek residents and citizens, please note that starting 2009 we have a Joint Exam Scheme with SOEL, the Institute of Certified Public Accountants of Greece, meaning that in order to sit ACCA exams you will need to register with SOEL and after graduating all exams you will obtain both ACCA and SOEL membership. </p></li><li><p> 6 </p><p>The registration goes on all throughout the year, but when submitting an initial application to become ACCA student it is important that you are aware of the times our UK Glasgow office takes for processing applications. These are as follows: 15 days for students using the 100% online. Going forward, it is anticipated that students will register in sufficient time so as to take advantage of their preferred price for exam registration being early/ standard/ late exam entry period (for the exam entry periods and fees please see page 6 of this document). If you register through other partners (Joint Exam Scheme for Greece or tuition providers) please take into consideration that they might set in earlier dates for collection of documents! The online registration has no additional cost. </p><p> Once your application file and documents have been processed successfully, you will receive the confirmation e-mail from ACCA. You will also receive monthly copies of the ACCA students magazine student accountant containing important information about forthcoming examinations, technical articles on the syllabus, news, reviews and other useful information. </p><p> b) EXEMPTIONS </p><p>On your initial registration form you have an exemptions section, exemptions that you can require based on your previous studies. This means that ACCA recognizes that you already might have relevant knowledge from previous qualifications and you can be exempt from sitting some of ACCAs exams based on your academic records. </p><p> It is very important to know that if you hold several qualifications on the same field of activity, the exemptions will not be summed up as the same exemption can be granted for different qualifications (for example if you hold a bachelor degree in accounting and you obtain for instance exemptions for papers F1, F2, F3 and F4 (this is not a rule) and if you also hold a MBA degree for which you obtain exemptions for papers F1 to F3, the final exemptions received will be for papers F1, F2, F3 and F4). To see in more detail what exemptions your qualification will grant you please check our online exemption database: https://portal.accaglobal.com/accrweb/faces/page/public/accreditations/enquiry/main/EnqInstitutionsTable.jspx. </p><p> The exemptions must be paid just like normal exams except you will not have to sit for it, buy the books or take the courses for that subject. You will know the number of the exemptions you were granted at the moment of your online application for register and you are also able to register for the ACCA exams at the same time there are a couple of deadlines and depending on how early you let us know what exam you want to sit, well give you that exam at a discount. You can register online to the exams through your personal ACCA account, myACCA as well, after the ACCA registration or you can register by filling in some forms (received by post from ACCA UK) that you will have to send back to UK directly. </p><p> c) EXAM ENTRY DEADLINES &amp; FEES </p><p>The exam entry closing dates and details of the exam fees relating to each exam entry period are detailed below. </p><p>Exam entry period Early Standard Late June exam session closing date </p><p>8 March 9 March - 8 April 9 April - 8 May </p><p>December exam session closing date 8 September 9 September - 8 October 9 October - 8 November </p><p>Exam entry method online only online and paper online only </p><p>ACCA Qualification </p><p>Exam level Exam entry </p><p>period June 2013 </p><p>exam fee (per exam) December 2013 </p><p>exam fee (per exam) </p><p>Knowledge (F1 - F3) </p><p>Early 62 64 </p><p>Standard 71 73 </p><p>Late 217 224 </p></li><li><p> 7 </p><p>Skills (F4 - F9) </p><p>Early 77 81 </p><p>Standard 89 92 </p><p>Late 235 242 </p><p>Professional (P1 - P3 and any two from P4 - P7) </p><p>Early 91 94 </p><p>Standard 103 106 </p><p>Late 251 259 </p><p>As ACCA student you will also pay an annual subscription fee of 79 that is payable on the 1st of January following registration. These are all the fees that ACCA perceives. </p><p> All taxes are payable directly in Great Britain and only in GBP. There are more ways to make the payments to ACCA: online (when completing your online form by means of a credit card which can be used for online payments), bank transfer (the ACCA bank details in Appendix 2 of this document), cheque etc. </p><p> d) TRAINING / STUDYING </p><p> You can choose to study for the ACCA exams either individually or by attending classes. In the case in which you choose to take classes for the ACCA exams than you must contact ACCAs Approved Learning Partners (below with bold) because ACCA does not provide training for its qualifications, it offers only the educational structure, the syllabus this is why we say ACCA is o...</p></li></ul>